May 19, 2025
JPMORGAN TO ALLOW CLIENTS TO BUY BITCOIN, SAYS JAMIE DIMON thumbnail
Business

JPMORGAN TO ALLOW CLIENTS TO BUY BITCOIN, SAYS JAMIE DIMON

A Longtime Vocal Critic of Bitcoin, Dimon Said The Bank He Runs Will Now Let Clants to Buy the Crypto.”, – WRITE: www.coindesk.com

JPMORGAN TO ALLOW CLIENTS TO BUY BITCOIN, SAYS JAMIE DIMONA Longtime Vocal Critic of Bitcoin, Dimon Said The Bank He Runs Will Now Let Clants to Buy the Crypto. May 19, 2025, 5:47 pm

Clients of JPMorgan Chase (JPM) Will Soon Have The Option to Buy Bitcoin

accounting to CEO Jamie Dimon, Who Spoke at Bank’s Annual Investor Day On Monday, Signaling a Shift in How The Firm Approaches the Asset.

“We are going to allw you to buy it,” Dimon told Shareholders, Thought He Added The Bank Has No Plans to Hold the Asset in Custody.

Dimon, Long Known for His Skepticism of Cryptocurrency, Doubled Down in His Closing Remarks, Saying He’s Still “Not A Fan” Trafficking and Money Laundering

He Also Pushed Back On the Industry’s Hype AROUND BLOCKCHAIN ​​Technology, Arguing It’s Less Important Than’m Made Out to Be – Even As Jpmorgan Continues Building.

“We have been Talking about Blockchain for 12 to 15 Years,“ He Said. “WE SPEAND TOO MUCH ON IT. IT DOESN’T MATTER as MUCH as You ALL THINK.”

The Bank’s Own Blockchain Platform, Kinexys, Recently Ran A Test Transaction on a Public Blockchain for the First Time, Setting Tokenized US Treasuries on Ondo Chain’s Testnet.

Helene Braun

Helene is a New York-Basted Markets Reporter at Coindesk, Covering The Latest News From Wall Street, The Rise of the Spot Bitcoin Exchange-Traded Funds and Updates on CRYPTO Markets. She is a graduate of new York University’s Business and Economic Reporting Program and Has Appeared on CBS News, Yahoofinance and Nasdaq Tradethalks. She Holds BTC and ETH.

X Icon

Helene Braun

Related posts

Vara Fortifies Controls on Crypto Margin Trading in Dubai, Refreses Rulebook

unian ua

Bitcoin Network Hashrate Rose Slightly in First Two Weeks of May: JPMORGAN

unian ua

The Tornado Cash Developer Roman Storm will be charged with US

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More